Publications

SSRN

Research Summary

Firm and aggregate volatility

US publicly traded companies have become more volatile over the postwar period. This trend has been the result of increased competition in product markets through deregulation, through more intensive innovation activity, and through easier access to capital markets.... View Details

June 2008 (Revised February 2013)
Case

Vignettes on Governance of Private Equity Firms

By: G. Felda Hardymon, Ann Leamon and Eugenia Adofo

In a series of vignettes, Nigella Hardy-Smyth of an international development agency that invests in emerging markets private equity firms must decide how to handle various situations that arise. As a member of the Limited Partner Advisory Board of each of the five... View Details

Keywords: Private Equity; Investment Funds; Corporate Governance; Governing and Advisory Boards; Managerial Roles; Emerging Markets; Partners and Partnerships

Educators

Purchase

2011
Other Unpublished Work

Do Public and Private Firms Behave Differently? An Examination of Investment in the Chemical Industry

By: Albert W. Sheen

I compare the capacity expansion decisions of U.S. public and private producers of seven commodity chemicals from 1989-2006. I find that private firms invest differently, and more efficiently, than public firms. Specifically, private firms are more likely than public... View Details

Keywords: Private Ownership; Chemicals; Investment; Public Ownership; Chemical Industry; United States

2018
Chapter

Firms in Firmament: Hydrocarbons and the Circulation of Power

By: Rawi Abdelal

Purchase

01 Apr 2010
Conference Presentation

The Strategic Use of Architectural Knowledge by Entrepreneurial Firms

By: Carliss Y. Baldwin

Keywords: Strategy; Design; Knowledge; Entrepreneurship

2008
Chapter

Assessing Creativity and Its Antecedents: An Exploration of the Componential Theory of Creativity

By: T. M. Amabile and Jennifer Mueller

Keywords: Creativity; Mathematical Methods; Theory

Jul 2004 - 2004
Conference Presentation

Foundations for a Theory of Institutional Entrepreneurship: Solving the Paradox of Embedded Agency

By: Julie Battilana

Keywords: Theory; Entrepreneurship

Article

Extending the Role of Headquarters Beyond the Firm Boundary: Entrepreneurial Alliance Innovation

By: Jaeho Kim and Andy Wu

Prior research on corporate headquarters (CHQ) characteristics identifies the impact of CHQ location and composition on the innovation outcomes of internal subsidiaries. However, given that external strategic alliances with high-tech entrepreneurial firms represent a... View Details

Keywords: Alliance; Innovation; Corporate Headquarters; Geographic Proximity; Entrepreneurship; Corporate Strategy; Alliances; Joint Ventures; Innovation and Invention; Business Headquarters; Geographic Location

Research Summary

The Real Effects of Capital Controls: Financial Constraints, Exporters, and Firm Investment

By: Laura Alfaro

In aftermath of the global financial crisis of 2008–2009, emerging-market governments have increasingly restricted foreign capital inflows. The data show a statistically significant drop in cumulative abnormal returns for Brazilian firms following capital control... View Details

24 Jul 2000
Research & Ideas

Value Maximization and Stakeholder Theory

both value maximization and stakeholder theory is necessary, he writes, to make possible the "long-run maximization of the value View Details

Keywords: by Michael C. Jensen

2010
Working Paper

The Role of Institutional Development in the Prevalence and Value of Family Firms

We investigate the role played by institutional development in the prevalence and value of family firms, while controlling for the potential effect of cultural norms. China provides a good research lab since it combines great heterogeneity in institutional development... View Details

Keywords: Family Business; Governing Rules, Regulations, and Reforms; Data and Data Sets; Law; Management; Organizational Culture; Research; Value; China

Article

Creating Firm Disclosures

By: Amir Amel-Zadeh, Alexandra Scherf and Eugene F. Soltes

Managers expend significant time and effort preparing disclosures about firm performance and strategy. Although prior literature has explored how variation in the style and presentation of disclosures impacts investors' perceptions of firms, little is known about how... View Details

Keywords: Disclosure; Earnings Conference Call; Field Study; MD＆A; Textual Analysis; Corporate Disclosure

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01 Jun 2010
Conference Presentation

The Strategic Use of Architectural Knowledge by Entrepreneurial Firms

By: Carliss Y. Baldwin

Keywords: Strategy; Design; Knowledge; Entrepreneurship

August 1978
Exercise

Mediating in Negotiations for the Sale of a Firm

By: Howard Raiffa

Keywords: Negotiation; Acquisition

Research Summary

The Role of IT in Firm Scope Choice: Diversification or Specialization?

The use of IT can have two, actually opposing, effects on product diversification depending on how technologies are used by the firm. On the one hand, some uses of IT can increase specialization because they allow customers to research and order products remotely,... View Details

March 1989
Article

Cheap Talk and the Fed: A Theory of Imprecise Policy Announcements

Keywords: Theory; Policy; Announcements; Central Banking; United States

2019
Article

Does Big Data Enhance Firm Innovation Competency? The Mediating Role of Data-driven Insights

By: Maryam Ghasemaghaei and Goran Calic

Grounded in gestalt insight learning theory and organizational learning theory, we collected data from 280 middle and top-level managers to investigate the impact of each big data characteristic (i.e., data volume, data velocity, data variety, and data veracity) on... View Details

Keywords: Analytics and Data Science; Innovation and Invention; Learning

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